Eligibility criteria
Entry Age
For Life Shield Plus variant:
- Minimum Age: 18 years
- Maximum age: 65 years
For Life Shield ROP variant:
- Minimum Age: 25 years
- Maximum age: 65 years
For Pay till 60 option - Minimum: 25 years Maximum: 55 years. All the references to age are age as on last birthday
Age at Maturity
- Minimum age at maturity: 28 years
- Maximum age at maturity: 85 years
Policy Term
- Minimum Policy Term is 10 years
- Maximum Policy Term is 40 years
Premium Payment Term
- Limited Premium or Equal to Policy term
In Limited Premium, the Premium Payment Terms available are 5 years, 6 years, 10 years, 12 years, 15 years, 20 years and Pay till the Age of 60 years
Sum Assured
- Minimum Sum Assured: ₹50,00,000
- Maximum Sum Assured: No limit, subject to Board Approved Underwriting Policy
Terminal Illness Sum Assured
- Minimum: ₹50,00,000
- Maximum: ₹2,00,00,000
Terminal Illness Sum Assured will be as per the base sum assured subject to the above limits
Yearly, Half-yearly, Quarterly & Monthly options available
Minimum & Maximum premium:
- As per the minimum & maximum Sum Assured
Premium Payment Frequency
- Yearly, Half yearly, Quarterly and Monthly
Half yearly, Quarterly and Monthly premium frequencies are only allowed under auto-debit process as allowed by RBI to financial institutions.
